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Editorials
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Hutto Texas Looking Into Expansive Soil |
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Sunday, 07 October 2007 |
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Huttos City Council Looking Into Expansive Soil, Builders Cutting Corners, and little Homeowners Recourse
The homebuilding business has been booming throughout Texas especially Hutto, and after Thursday nights City Council meeting some are saying the commonality of expansive soils problems and defective trusses are a major concern. As the magnitude of builder mistakes start to come to light and property values decline, cities like Hutto will be faced with tough decisions. Unfortunately, according to some experts, things will only get worse before it gets better. However, for residents of Hutto and some other small communities it appears officials are taking the issues of shoddy building very seriously and headed toward finding solutions. Read more... |
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Editorial: Recipe for profits, defects and foreclosures |
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Sunday, 05 November 2006 |
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Recipe for enormous profits, defective homes and foreclosure disaster
Shoddy or not, for the past ten years homebuilding has remained the chief indicator holding up the economy, and from the President to Congress no one wanted to disrupt the money flow. The result is the homebuilding industry grew more powerful and confident in building defective homes without consequences. |
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Editorial: Myths of watering foundations |
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Tuesday, 31 October 2006 |
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The myths of watering foundation and under designed slabs
Too much rain, lack of rain, trees and other Acts of God exposed as a fairy tale
It has been well established that foundation failures are widespread. Critics claim that in most cases foundation failures are the result of an unregulated industry, unskilled labor and builders cutting corners for the sake of higher profits...We have it on good authority that the excuse for foundation failures caused by too much rain, lack of rain or trees is a fairy tale, and that Acts of God are acts of man in order to increase builder profits. |
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Editorial Commentary: Day in Court with DR Horton |
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Saturday, 16 September 2006 |
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Jury Awards Compensatory Damages to 4 Bridlewood Homeowners - Another Settles! The Bridlewood group in
Louisville
,
KY
finally got their day in court, which ended yesterday with compensatory damages ranging from $4,000 to $6,000 each. As the leader of the group, it was very cathartic to get in the face of DR Horton VP and in-house counsel, David Maurice, yesterday and give him my expectations of DR Horton... we've battled an $11 billion per year monster.
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Commentary - Builder Warranty A Disclaimer |
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Friday, 07 April 2006 |
Subject: Texas new home warranty - A Builder's Disclaimer TRCC seems to have no authority to help homeowners, but has plenty of authority to help builders. The agency set a new standard for "good enough for the public," meaning substandard minimums. Behind these standards is a scandal involving Texas A&M and the Construction Science Department that received a $40,000 TRCC grant to draft a State Limited Warranty and Performance Standards. The co-principals heading the project are two attorneys who are not construction experts, but in fact Business Risk Management experts. |
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Sunday, 26 February 2006 |
Editorial Opinion: Are fines disproportionate to the bad behavior and profitability? But for an article in the Los Angles Times last Friday titled, KB Home Chief Gets $34-Million Pay Package we would have been remiss if we failed to mention how profitable the giant of the industry has become with its government endorsed Affordable Housing program. |
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Express-News Commentary by Janet Ahmad |
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Monday, 13 February 2006 |
Comment: Homebuyers deserve better protection In early 2003 the building industry contrived convincing tales of woe, along with millions in political action committee contributions, that persuaded some Texas lawmakers to help create the unprecedented experimental state agency... In the comptroller's report, there is compelling evidence that lawmakers made a mistake and were duped into going along with the building industry's long-term plan to thwart homeowners. The report gives failing grades to TRCC, and the revelations are reprehensible... despite the requirement for a criminal background check, "TRCC files show that a currently registered builder was convicted of burglary of a vehicle, burglary of a building and attempted homicide. Another builder was convicted of a sex crime and registered as a sex offender just months before he was allowed to register as a homebuilder." |
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Slums & Foreclosures of Tomorrow |
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Thursday, 19 January 2006 |
Disposable Housing today, are the Slums and Foreclosures of tomorrow
The home building industry is unregulated and out of control. Homes are not built to even minimum HUD or State standards, warranties give a false sense of security and are unenforceable. |
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Wednesday, 08 June 2005 |
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KB Profits will be Greater
They have gone where no one would dare to go --- the swamplands, the corn fields, the fertile cow pastures and the water-laden stock tank areas of rural America
. They have stripped the lands of trees and sowed their unsightly-cookie-cutter box shaped homes, blighting the countryside with what many critics refer to as disposable housing...When it comes to defying all good business principles of producing a durable and lasting product, KB has truly excelled. While most companies fail due to a bad product, negative press and their infamous reputations, KB Home has thrived on the idea that if you make it easy for customers or just build it, they will come, regardless of quality. |
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Editorial- Avoiding Builder Contracts |
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Sunday, 10 April 2005 |
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Warning! Avoiding Builder Contracts that Harm New Home Buyers How to minimize the risks A message from Janet Ahmad |
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Sunday, 30 January 2005 |
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Cincinnati Enquirer Hammer home-builder fraud Two pairs of local white-collar criminals are prison-bound for similar fraud schemes that ripped off banks and home buyers. Bankers John Finnan and Marc Menne were sentenced Tuesday in federal court in Covington to 63 and 54 months respectively for their roles in the $30 million Erpenbeck home-building fraud. Eleven days earlier, Fairfield home builder Chester Calkins and his wife, Antonette, pleaded guilty to a similar $5 million scam. |
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